New York, feb 5^th (TradersHuddle.com) - Shares of Travelers Companies, Inc. (NYSE:TRV) are trading very close to calculated support at $47.35 with current price action closing at just $49.73 places the stock price near levels where traders will start paying attention.

The Travelers Companies, Inc. (NYSE:TRV) provides commercial property casualty insurance and asset management services. The Company underwrites homeowners and auto insurance through independent agents. The Financial, Professional, and International Insurance segment provides surety and financial liability coverage, which requires a credit-based underwriting process, and property and casualty products primarily in the U.S., the United Kingdom, Ireland, and Canada. The insurer was founded in 1853 and is headquartered in St. Paul, MN

Travelers' current stock range is defined by current calculated support defined at $47.35 and by the resistance level at $51.18, which should be used by traders planning their trades.

Traders wanting to establish a position should place close attention to Travelers' price action, and establish a position as close to support as possible, but only after buying materializes. Traders should understand that the resistance point at $51.18 might limit their upside, however if the stock breaks resistance, it could be a good point to add to the position.